Property Management
In New Mexico, which type of lease typically provides the most operating cost certainty for a commercial tenant?
ATriple net (NNN) lease
BGross (full-service) lease✓ Correct
CPercentage lease
DGround lease
Explanation
A gross (full-service) lease provides cost certainty for the tenant—they pay a fixed amount and the landlord absorbs all operating expense fluctuations. NNN leases expose tenants to varying operating costs.
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